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Transportation and Logistics

Insurance that moves with you.

Business Insurance / Industry Expertise / Transportation and Logistics

In an industry filled with risk, comprehensive, flexible coverage allows you to go the extra mile.

We’ve made it our business to set up comprehensive protection for your trucks, and drivers — and everything they carry.

Because we’re not tied to any specific vendor or product, we’ll find what works for you to keep your vehicles and products safe and sound. We’ll work with vendors throughout the industry and help you find the most cost-effective solutions with the broadest coverage.

Transportation Insurance and Logistics Insurance Experts

When you work with us, you’ll get broad coverage that understands the nuance of your routes and equipment. You’ll also get an expansive reach that combines industry best practices with customized care.

This coverage can take the form of:

Political Risk
Commercial auto liability and physical damage
Commercial general liability
Contingent auto
Contingent liability
Contingent cargo
Employee benefit liability
Deductible buy-down and downtime
Carrier’s legal liability
Warehouseman’s legal liability
Cyber
Errors & omissions
Transportation Brokers Legal Liability
Foreign coverage
Freight Forwarders Legal Liability
Money and securities
Peak season
Business personal property
Valuable papers and records

Whatever your transportation needs, let us help you keep things moving with quality coverage and protection.

Captives and Alternative Risk

Captive insurance is a form of alternative risk transfer used by major corporations, nonprofit organizations, and medium-sized businesses who want to retain some of their own risk (instead of purchasing insurance from a standard market insurer). Captives can be an attractive option for companies who find a limited availability of certain types of insurance coverage in the commercial market or find that those coverages will be a significant expense.Why Do Organizations Choose Captives?When a company is challenged with securing coverage for a particular risk or finds the cost of coverage to be prohibitive, captives may be an effective solution. Captives are complex – and aren’t appropriate for every organization – but when structured properly they provide a variety of benefits, including opportunities to: Earn investment income on loss funds and maintain underwriting profits. Negotiate predetermined premium and collateral formulas with the fronting insurance carriers, which support structure, tax, and investment program decisions made by the owner(s). Fund actuarial determined losses while reinsuring catastrophic exposures. Experience greater cost predictability and less premium volatility, especially when the insurance marketplace attempts to stabilize catastrophic losses by increasing premiums across all policyholders. Enjoy the benefit of unbundled services when service providers work directly for captive owners, enhancing claim management, loss control, and cost efficiencies. Improve claim portfolio results by having greater control of claims. Select your own group of partners (including attorneys, investigators, and expert witnesses) to engage with you on an overall mitigation strategy. Design specific claims management programs while instituting measurable and accountable protocols designed to reduce loss and injury rates.How to Get StartedCaptive insurance companies can be effective, efficient tools in many risk management strategies, but not every business will benefit from them. They are not feasible for some risk profiles and could ultimately cost more than traditional insurance.First, you will need to complete a comprehensive feasibility study, using external counsel to help you assess whether a captive is an appropriate solution for your organization. If you determine captives are right for your organization, it’s critical to engage professionals experienced in actuarial, accounting, tax, and legal issues to help you set it up. Our experts are available to help you decide whether or not to move forward with a captive and support your captive management into the future.

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